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The global launch market reached $14.1 billion in 2024 — up 34% since 2021.
| Attribute | |||
|---|---|---|---|
| Company | CASC / SAST | Firefly Aerospace | LandSpace |
| Country | 🇨🇳 China | 🇺🇸 USA | 🇨🇳 China |
| Status | Active | Active | Active |
| Vehicle class | Medium | Small | Medium |
| Propellant | UDMH / N₂O₄ (hypergolic all stages) | RP-1 / LOX | CH₄ / LOX (9× TQ-12B first stage; TQ-15B vacuum upper stage) |
| Reusable | No | No | Yes |
| Stages | 2 | 2 | 2 |
| First flight | 1992 | 2021 | 2025 |
| Payload to LEO | 3,500 kgas of [1]SSO capacity ~1,300 kg; standard LEO 3,500 kg | 1,030 kgas of [1]SSO capacity ~630 kg | 21,000 kgas of [1]Expendable; ~18,300 kg with first-stage recovery ↑ Best |
| Payload to GTO | — | — | — |
| Height | 41.06 mas of [1] | 29 mas of [1] | 76.2 mas of [1] ↑ Best |
| Liftoff mass | 232 tas of [1] | 54 tas of [1] | ~660 tas of [1] ↑ Best |
| Success rate | 98.7%as of [2]~77/78 successes; one known failure (CZ-2D Y7, Mar 1995 upper-stage anomaly) | 43%as of [2]3/7 full successes (FLTA003 Jul 2023, FLTA005 Dec 2024, FLTA007 Mar 2026) + 2 partial successes + 2 failures through FLTA007 | 100%as of [2]1/1 orbital successes (Y1, Dec 3, 2025). First-stage recovery failed — abnormal combustion during the landing burn crashed the booster near the landing zone. ↑ Best |
| Total flights | ~78as of [2] ↑ Best | 7as of [2] | 1as of [3]Second orbital launch and recovery attempt targeted Q2 2026 per LandSpace |
| Cost / kg LEO | — | ~$14,500/kgas of [1]Based on ~$15M list price / 1,030 kg LEO ↓ Cheapest | — |
| Summary | China's most-used sun-synchronous and polar orbit workhorse for small-to-medium military and commercial Earth observation satellites. Launched from Jiuquan and Taiyuan. Uses storable hypergolic propellants for high launch-readiness but produces toxic exhaust. | Firefly Aerospace's two-stage small-lift rocket powered by four Reaver engines at sea level and one Lightning engine in vacuum. Also provides launch services for NASA's CLPS programme (Blue Ghost lander launched on Falcon 9). FLTA007 'Stairway to Seven' succeeded Mar 11, 2026. | LandSpace's stainless-steel, reusable methalox rocket — China's closest analogue to Falcon 9. The Y1 debut (Dec 3, 2025) reached orbit on the first attempt but lost the booster during its landing attempt; a second flight with another recovery attempt is targeted for Q2 2026. |
30 launch vehicles across 10 countries — active, retired, and in development — with primary-source citations from manufacturer user guides and agency press kits. Pure URL state: bookmark or share the link and the comparison reproduces exactly.